Genesis Electronics Group Inc (GEGI)

[samroux]

I read it again.

As it turns out, I do know what I am talking about. I'm sorry you had no rebuttal to what I posted. This is headed nowhere and there's no amount of twisting that will save it. No, I don't think I will "move on." I've seen plenty of shambolic things in OTC, but handing over control for $1,000 to a gas pump convenience store is comedy. This is a funny one for the record books.

Here's my post again in case you want to read it again.

The "revenue" is not what it seems.

They sell gas. There's a 2 cent profit margin on gas per gallon. If 10 million of their revenue is coming from the sale of gas, which is likely low balling it, that's $200,000 in profit.

As I understand it, this company is failing. Hence, taking an OTC shell they can dilute to prop up their failing business.

There's no way to positively spin this. Kevin Damoa likely took a nice cash deal under the table and left this thing for dead.